Posts Tagged: Sevcon

BorgWarner to acquire Sevcon for $200 million

Auto supply giant BorgWarner plans to acquire Sevcon, a manufacturer of controls and battery chargers for electric and hybrid vehicles. Subject to shareholders’ approval, BorgWarner will acquire all of Sevcon’s common stock for $22 per share in cash, for an expected total price of $200 million. Sevcon’s products control on- and off-road vehicle speed and… Read more »

Motor controller maker Sevcon acquires Italian charger manufacturer Bassi

Sevcon (Nasdaq: SEV), a manufacturer of motor controllers for electric and hybrid vehicles, has acquired the Italian charger manufacturer Bassi Srl. The Bassi product line includes fast charging technologies suitable for a range of electrification markets, including rapid, high voltage and high power sectors. In 2015, Bassi generated a profit on $16 million in sales…. Read more »

Sevcon’s new GEN5 AC motor controller

Sevcon (Nasdaq: SEV), a manufacturer of controls for EVs and hybrids, has introduced an AC motor controller based on the company’s new GEN5 technology. The GEN5 on-road controller is designed to be easy for OEMs and drivetrain integrators to incorporate in their designs – hardware installation requires only 15 minutes, says Sevcon. Communications protocols can… Read more »

Sevcon secures grant to develop new generation of controllers

Sevcon (Nasdaq: SEV), a global manufacturer of controls for electric and hybrid vehicles, has received a £400,000 grant from a UK government fund, which it will use to develop the next generation of its Gen4 controller. The new low-voltage controller will provide additional functionality and improved performance in a smaller package than its predecessor. “The… Read more »